CFRA's Amobi Says Loss of Wynn Would Be 'Disastrous' for Stock

The video discusses the impact of sexual harassment allegations on Wynn Resorts, highlighting the company's reliance on Macau for cash flow and the potential fallout if Steve Wynn were to leave. It examines the board's governance, noting concerns about independence and the influence of Steve Wynn as a minority shareholder. The video concludes with an analysis of the board's investigation into the allegations and the potential consequences for the company.

What is the primary source of operating cash flow for Wynn Resorts?

• Las Vegas

• Macau

• Singapore

• Atlantic City

How might the replacement of Steve Wynn affect Wynn Resorts?

• It would improve stock prices

• It would have no impact

• It could be beneficial

• It could be disastrous

What is identified as the number one risk factor for Wynn Resorts?

• Competition from other casinos

• Economic downturn

• Regulatory changes

• Loss of Steve Wynn

What is a concern regarding the board's investigation into the allegations?

• The board lacks independence

• The investigation is too quick

• The board is too large

• The investigation is too costly

How many independent directors are on the Wynn Resorts board?

• Four

• Two

• Eight

• Six